Takedown
What is 'Takedown' 1. The price at which underwriters obtain securities to be offered to the public. Explaining 'Takedown' 1. The takedown will be a factor in determining the spread or commission underwriters will receive once the public has purchased securities from them. A full takedown will be received by members of a syndicate....
Tailored Advertising
DefinitionTargeted advertising is a form of advertising where online advertisers can use sophisticated methods to target the most receptive audiences with certain traits, based on the product or person the advertiser is promoting. These traits can either be demographic which are focused on race, economic status, sex, age, the level of education, income level and employment or they can...
Tax Anticipation Bill (TAB)
What is a TAB and what are its benefits A Tax Anticipation Bill, or TAB, is a type of loan that allows taxpayers to borrow against their expected tax refund. TABs can be used for a variety of purposes, including covering unexpected expenses or making a large purchase. One of the main benefits of taking out a TAB is that...
Taking The Street
What is 'Taking The Street' A slang phrase referring to the hedge fund tactic of buying large amounts of a particular stock from banks and brokers in an effort to clean out these institutions' inventory in a short period of time. Explaining 'Taking The Street' Traders will do this knowing that these institutions, being...
Tax Break
Definition A tax break is any thing that allows you to avoid paying taxes, such as a tax exemption, a tax deduction, or a tax credit. It is also used in the United States to refer to tax treatment that is beneficial to any certain group of people. What is a 'Tax Break' A tax break is a reduction in the amount...
Tap Issue
What is a 'Tap Issue' A tap issue is a procedure that allows borrowers to sell bonds or other short-term debt instruments from past issues. The bonds are issued at their original face value, maturity and coupon rate, but sold at the current market price. Explaining 'Tap Issue' This method of issuing additional debt...
Tax Expense
DefinitionA company's tax expense, or tax charge, is the income before tax multiplied by the appropriate tax rate. Generally, companies report income before tax to their shareholder under generally accepted accounting principles. However, companies report income before tax to their government under tax law. Tax Expense What is a 'Tax Expense' A tax expense is a liability...
Tax Drag
What is 'Tax Drag' The reduction of potential income due to taxes. Drag describes the loss in returns owing to taxation, usually on an investment. Tax drag is commonly used when describing the difference between an investment vehicle that is tax-sheltered and one that is not. For many individuals, tax drag can have a significant effect on...
Tax Exempt
What is tax exempt status Tax-exempt status is a designation given by the Internal Revenue Service (IRS) to organizations that meet certain criteria. To be considered tax exempt, an organization must be organized and operated for religious, charitable, educational, scientific, or literary purposes, and it must not be conducted for profit. In addition, tax-exempt organizations must comply with certain federal...
Takeover Artist
What is 'Takeover Artist' An investor or company whose primary goal is to identify companies that are attractive to buy and that can be turned around to make a profit. A takeover artist will usually use a lot of debt (leverage) to make the purchase, and restructure the company for resale or add the company to an...